Earlier quoted context omitted.
> EU can't wait to give fat fines to companies like Facebook and Google, due to their tax evasion schemes. How does GDPR relate to "tax evasion" at all? Also, Google and FB set up to pay taxes in Ireland, which is a member of the E.U. That seems legal to me. See https://en.wikipedia.org/wiki/Double_Irish_arrangement
The 4% of worldwide revenue aspect is almost exclusively pointed at the giant US tech companies. Europe has few meaningfully large tech companies, with large global sales, such that taxing worldwide revenue matters (this is why they didn't just make it an EU revenue tax). It's meant to try to plunder some of the global revenue that Google, Facebook, Microsoft, Netflix, Apple, Amazon, Twitter, Snapchat, etc. are gener…
Both Washington and Texas for starters....